LCID
Lucid Group, Inc.
LCID offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
VIK
Viking Holdings Ltd
VIK has the edge over LCID overall, supported by lower modeled downside and stronger valuation.
LCID Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
LCID's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
VIK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Unavailable | |
| Healthy |
VIK's revenue, profitability and balance sheet are currently healthy. There isn't enough data to rate its cash flow.
LCID PE Valuation
LCID has no meaningful PE right now: it lost money over the past year.
VIK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 22x | $88.88 | — |
| Current | 29x | $88.88 | — |
| Cheap | 31x | $92.52 | +4.1% |
| Fair | 34x | $102 | +15% |
| Expensive | 46x | $139 | +56% |
Historical ranges are pointers, not guarantees.
VIK's PE is in its cheap range at 29x. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
LCID Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect LCID's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
VIK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for VIK, with profitability improving.
LCID Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$13.08 | -$2.57 |
| Q2 2026 | -$13.65 | -$2.35 |
| Q1 2026 | -$13.15 | -$1.25 |
| Q4 2025 | -$12.09 | +$0.41 |
| Q3 2025 | -$10.51 | +$2.49 |
| Q2 2025 | -$11.30 | +$0.40 |
| Q1 2025 | -$11.90 | +$0.40 |
| Q4 2024 | -$12.50 | +$1.10 |
LCID is still losing money, but less than at its worst: $13.08 per share over the past year, against $16.50 at its worst in mid-2023.
VIK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.00 | +33% |
| Q2 2026 | $3.02 | +63% |
| Q1 2026 | $2.69 | +119% |
| Q4 2025 | $2.57 | +$3.33 |
| Q3 2025 | $2.14 | +$4.52 |
| Q2 2025 | $1.85 | +$7.96 |
| Q1 2025 | $1.23 | +$7.27 |
| Q4 2024 | -$0.76 | +$3.55 |
| Q3 2024 | -$2.38 | +$0.10 |
VIK has the edge over LCID on earnings quality, reporting a profit while its opponent remains loss making.
LCID Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $350.3M | +4.1% |
| Q2 2026 | $405.3M | +56% |
| Q1 2026 | $282.5M | +20% |
| Q4 2025 | $522.7M | +123% |
| Q3 2025 | $336.6M | +68% |
| Q2 2025 | $259.4M | +29% |
| Q1 2025 | $235M | +36% |
| Q4 2024 | $234.5M | +49% |
LCID has the edge over VIK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -245% | +35 points |
| Q2 2026 | -267% | +43 points |
| Q1 2026 | -350% | -56 points |
| Q4 2025 | -204% | +109 points |
| Q3 2025 | -280% | +105 points |
| Q2 2025 | -310% | +83 points |
| Q1 2025 | -294% | +128 points |
| Q4 2024 | -313% | +156 points |
LCID's operating margin was −245% last quarter, up 35 points from the same quarter a year ago, near the top of its range since 2020.
VIK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.2B | +16% |
| Q1 2026 | $1.1B | +17% |
| Q4 2025 | $1.7B | +28% |
| Q3 2025 | $2B | +19% |
| Q2 2025 | $1.9B | +18% |
| Q1 2025 | $897.1M | +25% |
| Q4 2024 | $1.3B | +21% |
| Q3 2024 | $1.7B | +11% |
VIK's revenue has grown year over year every quarter since late 2023: $2.2B last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 29% | +0.4 points |
| Q1 2026 | 1.1% | +2.2 points |
| Q4 2025 | 21% | +3.8 points |
| Q3 2025 | 30% | +1.1 points |
| Q2 2025 | 29% | +2.1 points |
| Q1 2025 | -1% | +8.8 points |
| Q4 2024 | 17% | +3 points |
| Q3 2024 | 29% | +1.8 points |
VIK has the edge over LCID on profitability, with a higher operating margin.
LCID Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1B | -$84.2M |
| Q2 2026 | -$1.5B | -$463.2M |
| Q1 2026 | -$1.4B | -$849M |
| Q4 2025 | -$1.2B | -$417.1M |
| Q3 2025 | -$955.5M | -$333M |
| Q2 2025 | -$1B | -$271.6M |
| Q1 2025 | -$589.9M | +$125.1M |
| Q4 2024 | -$824.8M | -$77.6M |
VIK has the stronger cash trend. Its trailing FCF is down 68% versus its history, compared with LCID at down 75%.
VIK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2024 | -$179.9M | -2765% |
| Q3 2024 | $714.5M | +81% |
| Q2 2024 | $262.9M | +196% |
| Q1 2024 | $367M | +269% |
| Q4 2023 | $6.8M | +$150.2M |
VIK usually generates cash, though not every quarter: the latest was −$397M, but it generated $289M over the past year.
LCID Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.3% | +12.5M shares |
| 1 year | +26% | +82.4M shares |
| 3 years | +73% | +166M shares |
LCID has 395M diluted shares, up 26% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | $2.2M |
| Q1 2020 | — |
VIK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +2.2M shares |
| 1 year | +0.6% | +2.5M shares |
| 3 years | +3.9% | +16.6M shares |
VIK has the edge over LCID on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
LCID Net Leverage
LCID's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
VIK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 1.0x | Very low |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | 4.0x | Elevated |
| Q3 2024 | 21.7x | High |
VIK's net debt is about 1.1 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
LCID Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.9 | Neutral |
| Stochastic | 7.1 | Oversold |
LCID's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
VIK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.5 | Neutral |
| Stochastic | 33.7 | Neutral |
VIK's weekly RSI is 54 (neutral) and its Stochastic is 34 (neutral).
LCID PE vs Consumer Cyclical Sector
LCID has no meaningful PE right now: it lost money over the past year.
VIK PE vs Consumer Cyclical Sector
| Metric | VIK | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 18x | 63% above |
| PE % | 10 | 24 | 14 pts below |
VIK is trading at 29x earnings, a 63% premium to the Consumer Cyclical sector's median of 18x.
LCID Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.53 | 7.9% below |
| 20 week MA | $4.88 | 33% below |
| 50 week MA | $7.33 | 56% below |
| 100 week MA | $15.4 | 79% below |
| 200 week MA | $31.9 | 90% below |
VIK has stronger trend alignment. LCID is above 0 of 5 weekly averages versus VIK above 3 of 4.
VIK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $84.0 | 5.8% above |
| 20 week MA | $90.7 | 2% below |
| 50 week MA | $83.2 | 6.8% above |
| 100 week MA | $67.5 | 32% above |
VIK's trend is mixed: it's above three of its four weekly moving averages, and 32% above its 100-week average.
LCID Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $98.9 | $100.4 | +1.5% |
| 2021 | $100.4 | $376.4 | +275% |
| 2022 | $376.4 | $67.0 | -82% |
| 2023 | $67.0 | $42.1 | -37% |
| 2024 | $42.1 | $32.0 | -24% |
| 2025 | $32.0 | $11.4 | -64% |
| 2026 YTD | $11.4 | $3.25 | -72% |
LCID has finished four years in a row lower, and it's down 72% so far in 2026.
VIK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $29.0 | $44.4 | +53% |
| 2025 | $44.4 | $73.3 | +65% |
| 2026 YTD | $73.3 | $88.9 | +21% |
VIK has the edge over LCID on returns for 2026, with the stronger performance.